Azerbaijani, Polish Economic Zones Sign Memorandum Of Understanding
Date
2/16/2023 8:06:20 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, February 16. Azerbaijani and
Polish economic zones have signed a memorandum of understanding
(MoU), trend reports.
The document was inked by Chairman of the Board of the Alat Free
Economic Zone Valeh Alasgarov and Executive Director of the
“INVEST–PARK” Ltd. Wałbrzych Special Economic Zone Mariusz
Tomczak.
Baku has today hosted the 8th Meeting of the Azerbaijan-Poland
Intergovernmental Commission on Economic Cooperation, which was
attended by representatives of various public agencies of the two
countries. The Commission was established in 2006. Co-chairs of the
commission are: Minister of Emergency Situations of the Republic of
Azerbaijan Kamaladdin Heydarov and Deputy Minister of Economic
Development, Labour and Technology of the Republic of Poland Robert
Tomanek. The seventh meeting of the Commission was held in Warsaw
on December 20, 2016.
Minutes of meeting of the event have also been signed.
Azerbaijan and Poland have considerable potential for
collaborating in transport, transit, and reconstruction of
Azerbaijan's liberated lands. The investment climate of Azerbaijan
is increasingly attractive. Great opportunities exist for Polish
companies participating in industrial park projects, the Alat Free
Economic Zone, in digital economic and innovation sectors.
For instance, the recently held“Rebuild Karabakh – 2022”
exhibition offered a great opportunity to promote companies from
Poland. This was a really good chance for Polish companies to
partake in Karabakh recovery projects.
In 2021, Poland-Azerbaijan trade turnover reached $96.8
million.
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